https://www.taxtmi.com/caselaws?id=387034 The Tribunal upheld the Principal Commissioner of Income Tax's decision to revise the assessment order under section 263 of the Income Tax Act, 1961. Despite the assessee's claims of timely purchase and installation of a solar power system for business purposes, the lack of concrete evidence led to the dismissal of their appeal for the assessment year 2013-14. The judgment was delivered on 11th October 2019, with the assessee's absence at the hearing impacting the outcome in favor of the tax authority. en-us Fri, 11 Oct 2019 00:00:00 +0530 Fri, 20 Feb 2026 17:20:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387034 The Tribunal upheld the Principal Commissioner of Income Tax's decision to revise the assessment order under section 263 of the Income Tax Act, 1961. Despite the assessee's claims of timely purchase and installation of a solar power system for business purposes, the lack of concrete evidence led to the dismissal of their appeal for the assessment year 2013-14. The judgment was delivered on 11th October 2019, with the assessee's absence at the hearing impacting the outcome in favor of the tax authority. Case-Laws Income Tax Fri, 11 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387034